Formula E will overtake Formula 1

Image Source.. Richard Branson, feels that the FIA approved Formula E electric car series will replace Formula 1 as the world’s most watched racing format. Branson, who owns the Virgin Racing team, was speaking at the final round of the 2015 Formula E season run at Battesea Park in London. The last race of the series, run on Sunday, was won by Sam Bird, who currently races for the billionaire….

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Sky planning F1 takeover – report

Image Source.. BSkyB is reportedly planning to place a £4.5 billion bid to gain a controlling stake in Formula 1. According to the Sunday Times newspaper there are a number of parties looking to buy into the lucrative sport. These include RSE Ventures owned by American Stephen Ross, Lawrence Stoll, a Canadian fashion mogul as well as BSkyB, with the backing of John Malone, a billionaire from the USA and…

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F1 chiefs in fresh push to get rid of ‘driver aids’

Image Source.. Formula 1’s top chiefs have made clear their desire to get ‘driver aids’ out of the sport, ahead of key talks later this week to move forward with a 2017 overhaul.Turning dashboard off The F1 Strategy Group is due to meet on Wednesday to analyse the findings from a series of meetings that have taken place recently to discuss changes to improve the spectacle. While measures including faster…

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Surprise party in Formula 1 takeover bid

BRITISH-based satellite broadcaster Sky is mulling over a $A9.16 billion bid to take a controlling stake in Formula 1, potentially trumping a Qatari-backed consortium’s plan to seize control of the sport. Last week it was reported that the owner of the Miami Dolphins NFL team was to join up with Qatar in a bid to take over Formula 1. Sports mogul Stephen Ross and his RSE Ventures, backed by Qatar…

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Maria De Villota F1 crash car ‘pushed into lorry’

Maria De Villota’s car hit a lorry while testing at Duxford in 2012 The car of former Formula 1 test driver Maria De Villota was “fighting” her moments before she crashed into a lorry, documents have revealed. De Villota lost an eye at Duxford Airfield while testing for Marussia and died a year later, aged 33. A Health and Safety Executive (HSE) report says De Villota’s helmet hit a tail-lift,…

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‘Lewis Hamilton’s decision to skip testing in Austria was bizarre’

Derek Warwick stunned by Mercedes driver’s choice to miss out on mileage Derek Warwick stunned by Mercedes driver’s choice to miss out on mileage BRDC president Derek Warwick says it is “bizarre” that Lewis Hamilton asked to be excused from testing in Austria. Having already missed the previous in-season test in Barcelona, the world champion asked Mercedes to be excused from driving duties, allowing team-mate and title rival Nico Rosberg…

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Formula One legend Mario Andretti urges United States to rescue F1

• Italian-American says a potential buyout is ‘fabulous news’ • Andretti insists there is room for two grands prix in the US Mario Andretti believes Formula One has gone ‘overboard with the technical side of things’ and should make itself more consumer friendly. Photograph: Jonathan Moore/Getty Images for Shell Mario Andretti, the face of Formula One in America, says his adopted country can rescue the sport from its troubles and…

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Bernie Ecclestone should step down as Formula 1 boss – Jordan

Image Source.. Bernie Ecclestone should step down as Formula 1 supremo, says BBC chief F1 pundit Eddie Jordan. Jordan believes the 84-year-old, who has been in charge since 1978, should allow “somebody radical” to take over. F1 owners CVC Capital Partners and RSE Ventures, working with investors from Qatar, are in talks about a takeover of the sport. “I think he’s done a remarkable job but time has played its…

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So who would pay for Cape Town F1?

Cape Town – While hosting the Formula One will mean “hundreds of millions of rand” for the Western Cape economy, the funding for the event – which could cost between R300 million and R500m just to set up – should not become the ratepayers’ burden.   Alan Winde, the MEC for Economic Opportunities, said: “For big events, or economic generators, the private sector must come to the party. It is…

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Stop speaking negative about F1, warns Mercedes boss

Mercedes GP Executive Director Toto Wolff looks on from the pit wall during practice for the Formula One Grand Prix of Austria at Red Bull Ring on June 19, 2015 in Spielberg, Austria. Image Source.. Mercedes boss Toto Wolff has reiterated that F1 insiders should not be talking the sport down – while admitting that domination by one team might not be healthy. In Austria it was clear that race…

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CAPE TOWN’S CHANCES OF HOSTING F1 EDGES CLOSER

A formal presentation will be made to City of Cape Town officials in coming weeks. FILE: Kyalami hosted Formula One Grand Prix races in South Africa from 1967 to 1985 and returned for two races in 1992 and 1993. Picture: Motorsport South Africa Facebook Page CAPE TOWN – Cape Town’s chances of hosting a Formula One Grand Prix in the future look to be edging closer with a formal presentation…

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Report: Dolphins owner to bid on F1 series

Lewis Hamilton, The Canadian Press Image Source.. According to a report in the Financial Times, RSE Ventures – whose chief owns the NFL’s Miami Dolphins – is to join forces with PSG, a Qatar Sports investment firm which own Paris Saint-Germain, in a deal to bid on Formula One racing that is reportedly worth $7-8 billion. Dolphins owner Stephen Ross and RSE Ventures are expected to submit an offer in…

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